Madam President, 4\1/2\ years ago the United States went through a terrible recession, what we now know as the great recession. But since that time we have had the slowest economic recovery since the Great Depression, and our labor force participation rate, which is a fancy way of saying the number of people, the percentage of people who are actually in the workforce looking for work, is much lower than it was at the height of the recession. So even though the unemployment rate is coming down little by little, the main reason that is true is because people, many people, are simply giving up looking for work. Last month alone 345,000 people dropped out of the workforce. Even when we look exclusively at workers between the age of 25 and 54, their participation rate is significantly lower than it was when President Obama took office. Meanwhile, 4 million people who are still in the workforce have now been jobless for more than 6 months. As I mentioned, if the Obama economic recovery had been as strong as the Reagan recovery in the 1980s, we would currently have millions more private sector jobs. So what is the President's big idea for helping the economy getting back on track? Last night, according to published news reports, he was drinking martinis and plotting his 2014 political strategy with his fellow Democratic Party members.…
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There’s plenty of other reasons that I could comment on in terms of character, but I’ll probably just leave that alone.





